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Renault installs new directors at Lotus
In the wake of the Renault takeover, management changes have continued at Lotus F1 Team with the formal confirmation of two new directors of the squad. Renault Sport boss Cyril Abiteboul is joined in the role by the Renault Group's director of financial operations Thierry Cognet. Both men took up their posts on December 18, although the paperwork has only just been passed into the public domain. They replace Genii's Eric Lux and erstwhile Lotus F1 investor Andrew Ruhan, who formally ended their directorship roles on the same date. As previously reported Lotus is now 90 percent owned by Grigny (UK) Ltd, a subsidiary of Renault, with Genii/Gravity retaining the remaining 10 percent. Abiteboul...
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9y ago from Motorsport.com
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